Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Might I did really well out Cineworld.
Caught it rising with Jangho but also predicted it falling heavily around new releases delaying and the Bond film in particular then followed by cinemas closing and predicted the nèed for cash. Had the chance of a rebuy of 50p shares at 17p. It will mark time until a vaccine and social distancing is eased upon which I will rebuy more. Keep trying though.
No partner or farm in and people start to question things.
BP for instance had the chance and didn't buy into Hurricane Energy despite supposedly monster oil fields . That transpired to be an inspired decision by BP.
The lack of that all important partner at the fundraising stage has to be a concern.
Filtered. Would that be because you don't like to read the vast negatives that this after hours announcement of an up to £80 million pound fundraising at a 20% discount means.
Carry on with your utter nonsense trying to get others to pause selling so you can exit first thing.
You know the spread can widen to 6, 8 and 10 points on SNG in a flash.
Has to be setting a limit offer. Just to ensure you are not blocked out in any queue or auction. Otherwise you will probably need to accept things as quick as they appear instantaneously before they lock your trade out due to market volatility.
Only trying to point out the glaringly obvious.
Parsley shorters do not need to RIP into the RNS as it speaks for itself.
Large placing
20% discount.
2and part not certain as it needs GM approval.
No partner at a key point.
Lack of Govt support.
If you think this is going anywhere other than downwards tomorrow morning then may I wish you the very best of luck for tomorrow.
Are never good news.
That's why they get delivered at the time they do.
All those in the counting house counting out their money today will now be looking at damage limitation right from the starting bell tomorrow morning.
This share price was deliberately walked up from Monday this week when everyone was gunked into believing that a knighthood in the honours list meant good news, contracts and roll outs. Too many jumping the gun, pocketing money and sitting out for this whilst leaving others holding to watch it for the news and fall back.
It was far too quiet behind the scenes for things moving supposedly so fast. It actually looks like the only thing moving fast is some of the Board cashing in their options if I read things correctly.
It should really go back to about 150p which is where it was levelling before the knighthood rally. All part of the joy of investing in companies that need constant cash.
This funding you would expect to come from a partner arrangement so it looks like they have not been able to bag an Astra Zenica or Glaxo, Roche or Pfizer so they are on their own.
Let's see who's quickest to try and preserve their capital in the morning.
The cinema industry is getting battered from all sides now.
*Studios now delaying new films and blockbusters.
*Releasing films into PVOD to monetise some revenues. Straight to DVD next.
*2 week circuit breakers now being actively mentioned to control the virus.
Hardly an environment to be investing in right now.
Sit back and wait for the Rights Issue at 15p.
"Cineworld is assessing several sources of additional liquidity and all liquidity raising options are being considered."
I shall sit on the sidelines and observe.
I'm expecting 30 pence to be breached in the first 5 minutes and shorter after shorter to then pile in and compound things. All the TW disciples will also be infesting the bulletin board.
I went be buying as I think other cinema chains will announce the closures and there will also be lingering news of a fundraise to further destabilise things.
I'm not interested in dead cat bounces.
Will keep a watch on it but I think it's not investable again until comfortably into next year.
Preservation of capital should always have been your priority in the mid 50's and repeatedly tried to tell you so and got called a troll for being a balanced poster.
Double whammy of bad news this weekend. Bond film delayed till April next year and now all UK cinemas closing. Both sadly were predictable.
Don't be surprised if very quickly it gets to sub 30p again.
Govt scaremongering to try and get the R value down and potential for further lockdowns will have played heavily in this decision.
I kept saying that this was inevitable and that your primary focus should be preserving your capital. Then out comes the confirmation.
With The James Bond film release now pushed back to April next year there is nothing to draw in the crowds for the rest of this year and open cinemas will rack up losses. There is now a definite need for further cash to be raised.
I will be very surprised if Cine hasn't retraced to 30p or less by the end of next week. Not wishing it. Just trying to keep an objective view of things.
https://www.dailymail.co.uk/news/article-8799959/New-James-Bond-film-No-Time-Die-delayed-SECOND-time-April-2021.html